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  • $135,000

    215 W 9th St, Michigan City, IN 46360

    3beds
    1,572sqft
    Duplex
    Built in 1860
    -- sqft lot
    $151,500 Zestimate®
    $86/sqft
    $1,374 Estimated rent

    What's special

    Established two unit residential property on the edge of downtown Michigan City conveniently close to restaurants, shopping, beach, and the new double track providing access to downtown Chicago in 45 minutesBoth units are currently occupied on short-term leases that could be extended individually or together, or occupy and collect rent to pay your mortgage.The main-level unit offers a living room, kitchen, two bedrooms and a bathroom, currently renting under market for $800/mo by good tenants who would resign. The upstairs unit is well decorated and currently used as an Air B&B, and the rent roll shows gross rents of nearly $20,000 in 2023. Total income for both units is nearly $30,000.Opportunity to own real estate close to the center of growing Michigan City. Live and rent or use as a place to stay while visiting in the area.

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2024 at 03:45pm

    Listed by:

    Justin Berggren,

    Coldwell Banker Market Connect 219-747-0033,

    Kelli Graham,

    Coldwell Banker Market Connect

    Bought with:

    Marissa Stapleton, RB18002146

    Coldwell Banker Realty

    Source: NIRA,MLS#: 542414MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Elevator
    Interior area
    • Total structure area: 1,572
    • Total interior livable area: 1,572 sqft
    • Finished area above ground: 0

    Property

    Parking
    • Parking features: None
    Features
    • Frontage length: 27
    Lot
    • Size: 5,009 sqft
    • Dimensions: 27 x 167
    Details
    • Parcel number: 460129453012000022

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1860

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available

    Community & neighborhood

    Location
    • Region: Michigan City
    • Subdivision: Elstons 02 South Add

    HOA & financial

    Other financial information
    • Total actual rent: 29000

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    Services availability